Anti-Money Laundering Specialist

Job Title: Operations - Sanctions SpecialistMontreal, QC06+ MonthsResponsibilities:

• Perform a Level 2 review of transactions that are referred to the OFAC Exception queue for potential sanctions violations and manage the queues in order to ensure our deadlines are being met.
• Conduct investigation on payments that need to be held for regulatory reasons pending additional information and monitor case investigations to make sure that proper follow-ups are being made and responses are being addressed in a timely manner. Analyze information obtained from case investigations to make a clear determination on the proper course of action to be taken on the payment.
• Work closely with the U.S. and Group Financial Services, Legal and the Treasury in performing wire transfer searches or handling regular case investigations when deemed necessary.
• Ensure that all transactions escalated for Level 2 review are compliant to all external and internal regulations and policies.
• Validate vender added file uploads to our filtering systems to ensure that list changes, additions or deletions are updated to the systems accurately and add/modify/delete entities to the local list as requested by the USFS team
• Ensure all payments comply with BNP Paribas group payment transparency policy.
• Make direct contribution to BNPP operational permanent control framework.
• Prepare and analyze various reports as needed
• Make recommendation for procedural changes where deemed necessary.

Minimum Required Qualifications

• Associate/BA degree from accredited college/university.
• 2 – 3 years’ experience in OFAC and Sanctions investigation.
• Strong understanding of Regulatory awareness, and the regulations that govern it.
• Proficient knowledge and understanding of the OFAC processes and procedures.
• Knowledgeable of Funds Transfer operations as well as the rules and regulations that govern it.
• (This will include CHIPS, Fedwire, SWIFT, LYNX and ACH).
• Excellent communication, verbal and written skills, as well as, attention to detail and accuracy.
• Self-motivated and ability to multi-task in a high-volume and fast-paced environment.
• The candidate must possess knowledge and basic understanding of MS Word, MS Excel, MS Outlook, MS PowerPoint